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Oct 6 | EGX ends week on a mixed note continuing red-streak

Market capitalization gained around LE 1.63 billion, recording LE 699.01 billion, compared to LE 697.37 billion in Tuesday’s session

By: Hanan Mohamed

Wed, Oct. 6, 2021

The Egyptian Exchange (EGX) ended last session of four-session week on mixed note, adding around LE 1.63 billion to market capitalization, amid Egyptian purchases.

Egypt’s stock market will be off on Thursday, October 7, on the occasion of the anniversary of the 6th of October War victory, according to the EGX.

The benchmark EGX30 hiked 0.99 percent, or 103.76 points, to end at 10,536.39 points.

On the other hand, the equally weighted index EGX 50 slid 0.15 percent, or 3.45 points, to end at 2,268.65 points.

The small and mid-cap index EGX 70 rose 0.17 percent, or 4.42 points, to close at 2,662.81 points, and the broader index EGX 100 climbed 0.16 percent, or 5.92 points, to close at 3,608.62 points.

Market capitalization gained around LE 1.63 billion, recording LE 699.01 billion, compared to LE 697.37 billion in Tuesday’s session.

The trading volume reached 263.8 million shares, traded through 33,844 transactions, with a turnover of LE 1.14 billion.

Foreign investors were net sellers at LE 133.2 million, while Egyptian and Arab investors were net buyers at LE 110.56 million, and LE 22.64 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 92.03 million, LE 15.07 million, and LE 532,163, respectively.

Egyptian and Arab organizations bought at LE 18.53 million, and LE 7.56 million, respectively, while foreign organizations sold at LE 133.74 million.

Rubex International for Plastic and Acrylic Manufacturing, United Arab Shipping, and Delta for Printing & Packaging were top gainers of the session at 19.96 percent, 9.54 percent and 7.54 percent, respectively.

Meanwhile, Wadi Kom Ombo Land Reclamation, El Obour Real Estate Investment, and Delta Construction & Rebuilding were top losers of the session by 11.23 percent, 6.47 percent, and 5.57 percent, respectively.

EGX ended Tuesday on mixed note, as: EGX30 inched up 0.05 percent, while EGX 50 fell 0.08 percent, EGX 70 dipped 0.58 percent, and EGX 100 inched down 0.30 percent